The contents of soft drink bottles are normally distributed with a mean of twelve ounces and a standard deviation of one ounce
a. What is the probability that a randomly selected bottle will contain more than ten ounces of soft drink?
b. What is the probability that a randomly selected bottle will contain between 9.5 and 11 ounces?
c. What percentage of the bottles will contain less than 10.5 ounces of soft drink?
a. 0.9772
b. 0.1525
c. 6.68%
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A. trustee B. bankruptcy court C. creditors' committee D. creditors
Brewdom, a leading multinational beverage corporation, has teamed up with Wealth from Waste to develop a plan to improve the reverse logistics of used beverage bottles for recycle and reuse
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Wind Fall, a manufacturer of leaf blowers, began operations this year. During this year, the company produced 10,000 leaf blowers and sold 8,500. At year-end, the company reported the following income statement using absorption costing:Sales (8,500 × $45)$382,500 Cost of goods sold (8,500 × $20) 170,000 Gross margin$212,500 Selling and administrative expenses 60,000 Net income$152,500 Production costs per leaf blower total $20, which consists of $16 in variable production costs and $4 in fixed production costs (based on the 10,000 units produced). Fifteen percent of total selling and administrative expenses are variable. Compute net income under variable costing.
A. $237,500 B. $206,500 C. $246,500 D. $158,500 E. $146,500